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UN starts registering Rohingya refugees

The United Nations(UN)  and the Bangladesh government have started formally registering hundreds of thousands of Rohingya refugees who have fled a military crackdown in Myanmar, a move that officials say would help their eventual return. More than 700,000 mostly Muslim Rohingya have escaped Buddhist-majority Myanmar since last August, when attacks by Muslim insurgents triggered a military offensive that the United Nations has likened to ethnic cleansing. Myanmar denies the accusations and has said it waged a legitimate counter-insurgency operation. The registration programme started jointly by the United Nations High Commissioner for

UCB, Robi sign corporate deal

United Commercial Bank Limited (UCB) and Robi have signed a corporate agreement recently. This comprehensive agreement paves the way for UCB to significantly enhance its ability to provide better customer service using Robi’s digital solutions. UCB and Robi signs corporate agreementUCB’s Managing Director & CEO, Mr. A. E. Abdul Muhaimen and Robi’s Managing Director & CEO, Mr. Mahtab Uddin Ahmed signed the agreement on behalf of their respective organizatio...

Bank Asia elects new Vice Chairman

Md Nazrul Huda, one of the Independent Directors of Bank Asia Ltd, has been elected as Vice Chairman of the Bank at a meeting of the Board of Directors heldrecently. Nazrul Huda Sir_VC_edHuda is a former Deputy Governor of Bangladesh Bank. He served Bangladesh Bank successfully for 35 years in different capacities. Mr. Huda obtained Masters in Economics from both University of Dhaka, Bangladesh and University of New England, Australia. He has a number of publications on important issues relating t...

Reckitt Benckiser approves 790pc Cash Dividend

The 57th AGM of Reckitt Benckiser (Bangladesh) Ltd. was held on June 25, 2018 at Hotel Peninsula, Chittagong. Said a press release, the company had 10.31% sales growth over 2016. This growth primarily resulted from its power brands – Dettol, Harpic, and Veet. IMG_2744The 57th AGM approved 790% cash dividend for the year 2017. A good number of shareholders attended the AGM. Among others, Managing Director Mr. Vishal Gupta, Independent Director Mr. C.Q.K. Mustaq Ahmed, Director Mr. Syed Tanzim Rezwan, C...

Mahindra brand campaign “Cholo Re” announced in BD

Mahindra & Mahindra Ltd, a part of the USD 20.7 billion Mahindra Group, today announced its brand campaign ‘Cholo Re’ in Bangladesh, along with Mashrafe Bin Mortaza, the captain of the Bangladesh National Cricket team in One Day Internationals, as its brand ambassador. The event marked the launch of its flagship product at International Convention City Bashundhara (ICCB) located at Dhaka, the all new stylish Mahindra Maxximo Heavy Duty (HD) Series, as a “Solid Partner” for its customers. Mashrafe Bin Mortaza, Captain of Bangladesh National Cricket team (ODI) and the Brand Ambassador of Mahindra Bangladesh; Mr. Sanjay Jadhav, Vice President, Head of International

No more contract charges for trading at CSE

The Board of Directors of the Chittagong Stock Exchange Ltd. (CSE) in its meeting held on today (27 June, 2018) decided to remove the Contract Charge from its current fees structure and the CSE LOgoexisting commission charge has been reviewed to a flat 0.023%. The detail of the reviewed fees & charges structure is given below-
  • - No Contract Charges for any trade
  • - Commission Charges for normal trade – 0.023%
  • - Commission Charges for Bulk & Foreign trade (above 50 lakhs in a single ...
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